Archive for July, 2007
NASDAQ Falls as Foreclosures Rise
NASDAQ fell 243 points yesterday in response to a decline in the housing industry. The housing industry has been suffering with lower returns, meaning more people are unable to make their mortgage payments.
When the stock market is affect in such a large way, we can see that Foreclosure recovery is not on the horizon anytime [...]
Posted: July 25th, 2007 under Foreclosure.
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